Asian markets close mostly in green on Tuesday

26 May 2015 Evaluate

The Asian markets closed mostly in green on Tuesday, despite the absence of overnight cues from the US markets that were shut for a holiday. Singapore’s economy in the first quarter grew faster than estimated as manufacturing and services sectors showed more resilience, boding well for the city-state’s economic growth outlook this year. The surprisingly strong data bolsters the case for the Monetary Authority of Singapore (MAS) to hold off from additional monetary easing later this year. The trade-reliant economy expanded an annualized and seasonally adjusted 3.2% in the January-March quarter from the previous three months. That far exceeded the 1.1% expansion in the government’s advance estimate released in April. Singaporean Industrial Production fell to an annual rate of -8.7%, from -5.5% in the preceding month. Japan’s Corporate Services Price Index (CSPI) fell to a seasonally adjusted annual rate of 0.7%, from 3.1% in the preceding month whose figure was revised down from 3.2%. South Korean Consumer Confidence rose to 105, from 104 in the preceding month.

Asian Indices	Last Trade	Change in Points	Change in %
Shanghai Composite	4,910.90	97.10	2.02
Hang Seng	28,249.86	257.03	0.92
Jakarta Composite	5,320.90	32.54	0.62
KLSE Composite	1,764.07	-3.31	-0.19
Nikkei 225	20,437.48	23.71	0.12
Straits Times	3,459.98	-0.87	-0.03
KOSPI Composite	2,143.50	-2.60	-0.12
Taiwan Weighted	9,669.41	24.24	0.25

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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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Built on more than 15 years of equity research, our framework combines quality assessment, intrinsic value estimation, and a sensible margin-of-safety approach.
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Investing in stocks, mutual funds, debt, and gold
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Periodic review and rebalancing
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